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VLOWY - Vallourec S.A. reports Q4 results
March, 02 2023 04:07 AM
Vallourec SA ADR New
Vallourec S.A. press release ( OTCPK:VLOWY ): Q4 Revenue of €1.54B (+45.3% Y/Y). Q4 EBITDA of €312 million, up 129% Y/Y and by 58% Q/Q. Strong Q4 Free Cash Flow generation of €266M. Net Debt reduction of €363M in Q4 driven predominately by Free Cash Flow in addition to disposals and non-cash balance sheet movements. Iron ore mine production sold of 1.4 million tonnes in Q4 slightly above prior estimate; positive steps achieved towards full restart of mine. For further details see:
Vallourec S.A. reports Q4 results
Stock Information
Company Name:
Vallourec SA ADR New
Stock Symbol:
VLOWY
Market:
OTC
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